Introduction:

Financial crime policy development represents the institutional foundation that shapes how banks define obligations, controls, and governance expectations across their compliance environment. Its significance emerges from its direct connection with regulatory mandates, cross border risks, and supervisory scrutiny applied to banking institutions by global and domestic authorities. This training program outlines the structural components that determine policy architecture, enforce alignment with FATF and UNSCR frameworks, and integrate local regulatory requirements. It presents models and frameworks that structure policy governance, escalation mechanisms, thematic expectations, and institutional oversight.

Program Objectives:

By the end of this program, participants will be able to:

Analyze the structural components that shape institutional financial crime policies.
Evaluate alignment pathways between bank level policies and FATF recommendations.
Classify UNSCR obligations within institutional compliance frameworks.
Determine governance structures and oversight models supporting financial crime policy implementation.
Assess institutional methods used to integrate local regulatory requirements with global standards.

Target Audience:

Compliance Managers and Officers in Banking.
Financial Crime and AML Specialists.
Risk and Governance Professionals.
Policy and Regulatory Affairs Analysts.
Internal Auditors overseeing compliance structures.

Program Outline:

Unit 1:

Financial Crime Policy Foundations:

Structural elements defining financial crime policy architecture.
Institutional roles shaping policy mandates and thematic scope.
Classification of financial crime domains within banking environments.
Relationships between policy structure and enterprise-wide risk governance.
Mandatory components required across institutional policy frameworks.

Unit 2:

FATF Alignment Requirements:

Core FATF recommendations influencing policy development.
Institutional pathways linking FATF standards with internal controls.
Risk based frameworks guiding policy alignment with FATF priorities.
Structural considerations for integrating preventive measures and reporting criteria.
Cross border implications elevated by FATF global compliance expectations.

Unit 3:

UNSCR Obligations and Sanctions Structures:

UNSCR thematic requirements affecting banking institutions.
Classification of sanctions related policy elements and screening structures.
Institutional layers governing targeted financial sanctions.
Interactions between UNSCR frameworks and national supervisory authorities.
Escalation paths and governance components driven by sanctions mandates.

Unit 4:

Governance and Oversight Models:

Oversight structures supporting financial crime policy governance.
Committees and reporting lines forming institutional accountability.
Risk ownership layers and their connection to policy structure.
Documentation hierarchies linking policy, standards, and procedures.
Monitoring structures ensuring compliance with international expectations.

Unit 5:

Integration of Local Regulatory Requirements:

Local legislative influences shaping institutional policy obligations.
Mapping techniques aligning domestic rules with global standards.
Institutional structures linking regulatory updates to policy revisions.
Interactions between supervisory guidelines and internal governance models.
Mechanisms supporting regulatory harmonization across financial crime domains.

Developing Institutional Financial Crime Policies Aligned with FATF and UNSCR Requirements